GXY 0.00% $5.28 galaxy resources limited

Broker data, page-70

  1. 698 Posts.
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    In my opinion, I would only sell if either I needed the money or there was a change in the companies direction after holding for 12 months. I'm sitting on around 25c at the momment after acumilating heavily after macquarries scare tactics, but from my research I can see allot more happening in this space. If few developments have come to fruition by the start of 2019 I will be selling due to world lithium supply proposed increases by that date, but that would depend on information not available to me at the momment. I will be holding for at least a year from now if developments with SDV continue. I am expecting a slight pullback before sitting around the same level we are seeing now in March. But this has all changed with institutions getting involved. We are heading for oversold at the momment but GXY was severely undervalued beforehand in my opinion . The end of this financial year will also see a decent profit IMO. Good luck
 
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Currently unlisted public company.

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